Fantom was a high promising chain on 2021 uptrend and growth rapidly, can it overcome this inactivity and rise again through its migration to Sonic network that has been said one of the fastest network on crypto by very quick block production.

Check Fantom DEX analytics via this link, reading this analysis article can also be useful to increase your knowledge about it.

Fantom (FTM) Basic

FTM Analytics

FTM Backers

Fantom Foundation

Foundation

• WordPress
• X
• Telegram

Sonic Labs

Sonic

• WordPress
• X
• YouTube
• Telegram

FTM Investors

Investors

Fantom Advantages

Powerful Migration

According to Fantom Foundation migration process would be peer to peer tokens, and Sonic would be a very fast blockchain that would be a game changer to this token. Well, we should wait and see.

Recently Fundraising

Project received $10 M on May 2024 possibly to perform migration to Sonic, This kind of fundraising could be a good thing to project development.

Sonic chain supporting

The foundation allocates 200,000,000 $Sonic token to community and developers with project plan, these token distribute as an airdrop to incentivize investors & developers to use sonic token and create DeFi Apps.

Last cycle growth

In last cycle uptrend (2021), FTM was very promising and had a good growth, although after that we didn’t see any activity on this network, maybe this time team can perform the same thing to incentivize investors. Anyway it seems community has a good feeling about it.

Fantom Disadvantages

Slow ecosystem

It has been a long time when we saw some activity on its ecosystem, maybe Sonic network become to a good thing to survive this ecosystem.